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The US Bureau of Economic Analysis estimated that real GDP contracted at an annualized rate of 0.3 percent in Q1 2025, the first negative reading since Q1 2022.
Dow Jones surveyed economists had expected GDP growth of 0.4%, and real GDP increased 2.4% in the fourth quarter of 2024. The BEA said imports were up 41.3% in the first quarter driven by a goods ...
Forecasted economic activity was predicting a 2.7% contraction in Q1 real GDP based on Atlanta Fed's GDPNow data. Check out the insights on latest GDP report.
US Federal Reserve Board Chair Jerome Powell told lawmakers on Tuesday that recent economic data would have likely justified ...
The Commerce Department’s Bureau of Economic Analysis last week released its “advance estimate” of U.S. Gross Domestic Product for the first quarter of 2025. GDP measures the total market ...
And, when I do that, the real GDP growth in 1Q 2025 comes out to be 3.2%. Even better than private domestic sales. And that sets up an economy boosted by tax cuts and deregulation that can roar ...
Federal Reserve officials lowered their projections for U.S. economic growth this year and raised their outlook for inflation in their latest economic projections out Wednesday. They now expect GDP ...
Economic data for the first quarter releases already seem to support the view that the economy did not grow, signalling bad ...
The annual growth rate of real gross domestic product (GDP) is the broadest indicator of economic activity -- and the most closely watched. Learn how it's presented in official releases and how to ...
Trump’s tariffs are not delivering in the way he promised. New data reveals rising costs, stalling investment, and mounting ...
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